Retirement Community Of Fairbanks

Organization Overview

Retirement Community Of Fairbanks is located in Fairbanks, AK. The organization was established in 2004. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 03/2022, Retirement Community Of Fairbanks employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retirement Community Of Fairbanks is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Retirement Community Of Fairbanks generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $3.3m during the year ending 03/2022. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE OTHE ORGANIZATION'S MISSION IS PROVIDE A DYNAMIC RESIDENCE FOR FAIRBANKS SENIORS WHERE DIVERSITY, SECURITY, HEALTHY LIVING, INDEPENDENCE, AND MUTUAL ASSISTANCE ARE CORE VALUES, AND A VIBRANT COMMUNITY CENTER FOR FAIRBANKS AREA EVENTS AND SENIOR ACTIVITIES.

Describe the Organization's Program Activity:

RETIREMENT COMMUNITY OF FAIRBANKS PROVIDES MARKET-RATE RENTAL HOUSING TO SENIORS. DURING 2020, THREE FACILITIES (20 UNITS EACH)AND ONE FACILITY (35 UNITS) WERE RENTED FOR THE FULL YEAR.


THE COMMUNITY CENTER IS THE CORE OF RAVEN LANDING COMMUNITY. IT IS THE GATHERING PLACE FOR FAIRBANKS SENIORS WITH MANY CLASSES, INTEREST GROUP MEETINGS, A LOUNGE, AND LIBRARY FOR RELAXING AND VISITING WITH FRIENDS. A SKILLED AND CREATIVE CATERING STAFF IS AVAILABLE ON SITE TO PROVIDE MEALS FOR ANY SIZE GROUP.


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Board, Officers & Key Employees

Name (title)Compensation
Rebecca Dawson
General Manager
$85,317
Janet Cobb
Vice President
$0
Colleen Fitzgerald
Treasurer
$0
Mike Fisher
President
$0
Peggy Pollen
Secretary
$0
Randy Cheap
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$23,394
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$23,394
Total Program Service Revenue$2,812,951
Investment income $836
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,843,131

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Retirement Community Of Fairbanks has recieved totaling $15.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$15
View Grant Recipient Profile

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